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Daily (29.05.2018): French day-ahead power price soared by around 40% on Monday on strong carbon emissions rights market
Oil prices continued their bearish trend on Monday as Saudi Arabia and Russia announced they might boost supplies, while U.S. production gains are not slowing. Brent crude lost $1.14, or 1.5%, to end at $75.30 a barrel. WTI futures closed $1.36, or 2%, down at $66.52 a barrel.
read more... 29/05/2018
Daily (28.05.2018): UK day-ahead gas price dropped by 5.6% on Friday due to warmer weather forecasts.
Oil prices fell on Friday as Saudi Arabia and Russia discussed about the possibility to reduce production cuts that have boosted prices to their highest levels since 2014. Brent crude lost $2.35, or 3%, to close at $76.44 a barrel. WTI futures ended $2.83, or 4%, lower at $67.88 a barrel.
read more... 28/05/2018
Daily (25.05.2018): European carbon prices jumped by 1.8% to new seven-year highs on Thursday
Oil prices declined to largest one-day drop in two weeks on Thursday, on expectations that OPEC could gradually end an output deal due to concerns related to supplies from Venezuela and Iran. Brent crude lost $1.01, or 1.3%, to end at $78.79 a barrel. WTI futures dropped by $1.13, or 1.6%, to close at $70.71 a barrel.
read more... 25/05/2018
Daily (24.05.2018): German day-ahead power price dropped by 8% on Wednesday on lower consumption and stronger wind output
Oil prices were mixed on Wednesday. Brent futures soared following a report that OPEC might scale back its agreement to curb oil production at its June meeting, adding $0.23, or 0.3%, to close at $79.80 a barrel. WTI futures lost $0.36, or 0.5%, due to an unexpected hike in U.S. crude stockpiles, to settle at $71.84 a barrel.
read more... 24/05/2018
Daily (23.05.2018): European carbon prices soared by 2.4% on Tuesday to hit new seven-year peaks
Oil prices were mixed on Tuesday. Brent futures rose close to $80 a barrel level on Tuesday, adding $0.35, or 0.4%, on concerns that decreasing Venezuelan crude output and a potential decline in Iranian exports could further reduce global supply. Brent crude settled at $79.57 a barrel. WTI futures slightly fell due to expectations that OPEC may raise supplies as early as June, to settle at $72.20 a barrel.
read more... 23/05/2018